Ltc Properties (LTC) Stock News

LTC (NYSE: LTC) announced the sale of two Florida skilled nursing centers totaling 240 licensed beds for $42 million, with an expected gain on sale of approximately $26 million. Proceeds will be redeployed to acquire newer, stabilized SHOP assets to support the company’s strategic focus on external SHOP growth and portfolio diversification.

As previously disclosed, LTC expects $120 million from the sale of seven skilled nursing centers in early Q4 2025; today’s $42 million represents 35% of that amount, and the remaining $78 million is expected to close within 30 days. Upon completion of 2025 sales, seniors housing is projected to be ~62% of gross real estate investments and SHOP ~19%.

LTC Properties (NYSE:LTC), a real estate investment company, has declared its monthly cash dividend for the fourth quarter of 2025. The company will distribute $0.19 per common share for each month of the quarter.

The dividends will be paid on October 31, November 28, and December 31, 2025, to shareholders of record on October 23, November 20, and December 23, 2025, respectively.

LTC Properties (NYSE:LTC) has announced a significant $195 million SHOP (Senior Housing Operating Portfolio) acquisition of five senior living communities in Wisconsin. The portfolio comprises 520 units of independent living, assisted living, and memory care facilities, managed by new operating partner Lifespark since 2021.

The stabilized communities, averaging six years in age, are expected to generate a 7% year-one yield. The acquisition will be funded through a combination of credit line, property sales proceeds, and ATM program stock sales. Notably, LTC has completed 80% ($370 million) of its projected $460 million pipeline, with plans to close an additional $90 million in SHOP acquisitions by year-end 2025.

This transaction expands LTC's SHOP investments to approximately 18% of its total portfolio, now encompassing nearly 1,580 units across five operators.

LTC Properties (NYSE:LTC) has announced the acquisition of two assisted living and memory care communities in Kentucky for $40 million. The SHOP (Senior Housing Operating Portfolio) properties, totaling 158 units and operated by Charter Senior Living, were built in 2023 and are expected to generate a 7% year-one yield.

This acquisition represents part of LTC's broader growth strategy, having now closed $175 million (38%) of its projected $460 million pipeline. The company expects to close an additional $195 million in SHOP acquisitions by mid-October 2025, and $90 million by year-end. The investments will be funded through the company's expanded credit line, property sales proceeds, and ATM program.

LTC Properties (NYSE:LTC), a healthcare REIT, has increased its 2025 investment guidance by 15% to $460 million from $400 million, driven by significant SHOP (Senior Housing Operating Portfolio) growth. The updated guidance includes $135 million in closed investments, $235 million in SHOP investments expected to close within 30 days, and $90 million expected after Q3.

The company's SHOP portfolio, launched in May 2025, is expected to reach $500 million in value, representing 20% of LTC's total portfolio. The expansion will include nearly 1,900 private-pay units across 25 properties. This strategic shift will adjust LTC's portfolio composition to a 65-35% split favoring seniors housing over skilled nursing, marking the lowest skilled nursing concentration in company history.

LTC Properties (NYSE:LTC), a healthcare REIT, reported Q2 2025 results with significant growth initiatives. The company raised its 2025 guidance to include $400 million of completed and anticipated near-term investments, which will more than double its SHOP (seniors housing operating portfolio) size.

Key Q2 metrics include total revenues of $60.2 million (up from $50.1 million YoY), though net income decreased to $14.9 million ($0.32 per share) from $19.2 million ($0.44 per share) YoY. The company expanded its credit facility from $425 million to $600 million with potential growth to $1.2 billion.

LTC expects to close approximately $320 million in investments over the next 60 days, including a $60 million mortgage loan at 8.25% and $260 million in SHOP investments at ~7% yield. Upon completion, SHOP will represent nearly 20% of LTC's total portfolio.

LTC Properties (NYSE:LTC), a real estate investment company, has scheduled its second quarter 2025 earnings release for Monday, August 4, 2025 after market close. The company will host a conference call on Tuesday, August 5, 2025, at 8:00 a.m. Pacific / 11:00 a.m. Eastern to discuss the quarter's performance and operating results.

Investors can access the live conference call via webcast at ir.ltcreit.com or by phone using the toll-free number 1-877-407-8634 (US) or 1-201-689-8502 (International). A replay will be available for two weeks until August 19, 2025, accessible through the company's website or by phone.

LTC Properties (NYSE:LTC), a healthcare REIT, announced that its tenant Genesis Healthcare has filed for Chapter 11 bankruptcy. Genesis operates six skilled nursing centers under a master lease with LTC, comprising five facilities in New Mexico and one in Alabama, totaling 782 beds.

The lease currently generates $8.4 million in annualized revenue and $9.5 million in annualized contractual cash revenue, representing 4.5% and 5.1% of LTC's total revenue respectively. Genesis has paid rent through July 2025 and recently exercised a 5-year extension option to extend the lease until April 30, 2031. LTC holds $4.7 million in security through a letter of credit.

LTC Properties (NYSE:LTC) has declared its monthly cash dividend for the third quarter of 2025. The company will distribute $0.19 per common share for each month of Q3 2025.

The dividends will be paid on July 31, August 29, and September 30, 2025, to shareholders of record on July 23, August 21, and September 22, 2025, respectively.